Thanks to the ability for many people to work from anywhere or pop into a central office on an ad hoc basis, increasing numbers of professionals are moving out of
"Brighton has always been a commuter hotspot," says
With this in mind it makes sense that global private members club group Soho House will be opening a new outpost in the city next year. What will this mean for the destination?"The arrival of Soho House, in a fantastic position overlooking the seafront, will further cement Brighton's position as a 'go to' city," says Bryant. "It also reflects the anticipated demand from young profes- sionals in the creative and tech sectors."
Brighton's digital sector is experiencing significant growth, driven by both capital injections and government funding in the form of the "
For people thinking of moving to Brighton - or investing in a buy-to-let - what areas should they consider? "Hove has always been popular - and, consequently, expensive," says Bryant. "Its Georgian architecture and stuccoed terraces remain desirable, especially those with views of the sea. There is better value to be had west of Hove, towards Portslade and Shoreham, and north out along
A road-bump for potential buyers is that demand for property in
However, a new flagship regeneration development from Optivo called Home X (home-x.co.uk) will help to address this. Launching next month with 369 studio, one-, two- and threebedroom apartments (with Help to Buy available), Home X will be an entirely new neighbourhood that will give first-time buyers, in particular, the chance to get their "foot on the ladder".
On the market through
For those looking to invest in a Home X property, what level of rental yield could be expected?
AREA GUIDE HOUSE PRICES Source: Zoopla DETACHED SEMI TERRACED FLATS £617,818 £454,824 £498,816 £309,271 TRANSPORT Source: TfL Time to London
AREA HIGHLIGHTS Being close to the sea is one of the top selling points for Brighton, giving citydwellers the chance to enjoy morning swims, al fresco picnics and promenades in the fresh air.
Soho House is opening a new private members club on Brighton's seafront (
One of the best restaurants in town, Med serves inventive, seasonal small plates inspired by countries that border the Mediterranean including
Brighton is a walkable city and The Lanes forms its cultural heart. A network of bustling streets that were once home to local fisherman, they are now crammed with cafes, jewellery boutiques, vintage clothing shops and record stores.
Brighton is known for its thriving LGBTQ+ community and Brighton Pride is a major event on the summer calendar, providing a major boost to the local economy. brighton-pride.org.
PRIVATE VIEW ON THE MARKET IN BRIGHTON THIS WEEK
HOME X, BN2 FROM £231,000 Launching next month with 369 studio, one-, two- and three-bedroom apartments, Home X from Optivo creates a bold new neighbourhood that will especially appeal to first time buyers. Home X apartments start from £231,000 for a studio, £285,000 for a one-bed and £381,000 for a two-bed. Visit home-x.co.uk
AURUM, BN3 FROM £335,000 Aurum is a new seafront development of 52 luxurious one-, two- and three-bedroom apartments and penthouses in Hove. With wraparound balconies and a pastelyellow exterior, the development is a call back to Brighton's famous Regency townhouses. Call Hamptons on 01273 803 191.
ROX, BN2 FROM £399,000 A redevelopment of the former Astoria Theatre site, Rox is a new collection of 70 studio, one-, two- and threebedroom apartments and duplexes, plus two smart town houses. It promises "
The buy-to-let market remains buoyant despite the pandemic, with average rental yields seven per cent higher than those in
(c) 2021 City A.M., source